Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-28
FORT WORTH ENTHUSIASTICALLY RE

FORT WORTH mARhETS-DAILY RE
VIEW.
OFFICE OF THE GAZETTE,
FORT WORTH. TEX, April -, 1887.
Trade was very heavy to-day. Many
of the wholesale houses report more than
they could handle for the day.
Meats are lower / cent on the list.
Country butter IN good supply and
prices weak.
THE STATE OF TRADE.
Special kilograms to Bradstreet's from
leading trade centers, in most instances,
report decline in the volume of mer-
chandise distributed, due to recent
advances of railway rates. Notable
exceptions are at Louisville, where
trade has started up again, Chicago
and Kansas City, where there are
distinct gains in dry goods, groceries and
/ lumber, and at San Francisco, where the
/ distribution of merchandise is active and
prices are tending upward. Needed
rains in central Mississippi and Missouri
river valleys and in Kansas have improved
crop prospects and encouraged farmers
and interior merchants. No further pro-
gress has been made in altering recently
advanced railway rates, but it is notice
/ aJlG ludl, Will SOLLC CASC pllOECB IAS OuI
CRY against the revised tariffs is lie SIS
pronounced than q week ago. The open.
| ing of lake, river and canal navigation
Will explain this in part.
The total bank clearings at thirty-seVen
cities, as reported to Bradstreets, for six
DAYS ending yesterday Duluth added tC
the list, is 81, 059'20l, 057, against $685.
/ 1919, 879 last week and S771, 34S, 1868 in the
-. - This SbnyrS q
/ gain of about SCI, 000, 900 during the
week, nearly 6 per cent, which increased
| speculative activity in various lines, prin-
cipaIIy at Chicago and New York, will
more than account for. The increase
over last year is nearly 81 per cent.
/ The leading money markets report con-
! tinued ease, Chicago, for the first time II
months, having received more funds than
were shipped. Domestic exchange rates
on New York reflect the increasing flow Of
! currency from the country, with quota
tons at par and q premium. The New
! York stock market is unsettled and irreg
uIar. General conditions are apparently
buIlish, but hesitation arising from the
! higher rail rates leaves the market to the
cliques and traders. Money at New YorE
/ is easier. Foreign exchange tends higher
. Oh Il6 dDSGuCS VI SIOSh anu NOAl4A1ASA va
bills and increased inquiry.
Speculation il grain at Chicago has
been active, with wheat receiving the
lions share of attention. The suppose
ton is that the clique is now selling May
and buying June. But the crowd ap'
pears unwilling to believe this, and the
market is we'll supported on every break
The total export of wheat and of whea
-four, both coasts, since July l
1886, ere equal to 125,C00, 600, o.
the total share of the reported
crop of 1886, available for export
Further exports prior to July l, 1887
must therefore come out of the supple:
carried over last July. Sugar is only
moderately active, but firm. Californi!
refiners have cut prices of graduated t
sc to enable them to compete with east
ern refners at Missouri river points, il
spite of higher rail rates. Coffee ha!
been very excited again, with another ad
vance of 1c per pound in price. Durin!
the. week Brazilian has been exported t
the continent, owing to the higher prices
prevailing there.
Eastern cotton goods markets repor
a fair business, with holders very firm ant
prices unchanged. Fine woods are ia lc
higher, and the market, twithstandin!
the incoming new clip, is less in buyers
favor, principally on account Of stiff view
of holders. a good number of easter
wooden looms are idle. The industris
situstion remains about as last week, ex
cent that the number of strikes is increas
ing. Over $4,000 employees have struc
or been locked out since April !, and tn